CVR 33065477Public limited company (A/S)Udlejning og leasing af biler og lette motorkøretøjer (771100)Kongens LyngbyFounded 9 Jul 2010
Employees
11
CVR registry, Aug 2026
0 (0%) over 12 months
Gross profit
23.2M
DKK, annual report 2025
Result
+41.4M
DKK, annual report 2025
Equity
171.5M
DKK, annual report 2025
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about FORMULA LEASING A/S, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexFormula Holding 2017 A/SCVR 38326791, 100% of capital and votes, since 19 Jan 2017
Mikkel Noes Westergaardsince 16 Oct 2018
CVR 38326791100% of capital and votessince 19 Jan 2017
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 26181992100% of capital and votes9 Jul 2010 to 19 Jan 2017
Ultimate controller
Holds 33.3% to under 50% of capital and 90% to under 100% of votes in Laursen Family Holding ApS, since 19 Jul 2022
Holding company
CVR 43408828Private limited company (ApS)
Holds 25% to under 33.3% of capital and 66.7% to under 90% of votes in LAURSEN HOLDING AF 28. OKTOBER 2013 ApS, since 19 Jul 2022
Holding company
LAURSEN HOLDING AF 28. OKTOBER 2013 ApS
CVR 35525289Private limited company (ApS)
Holds 100% of capital and votes in BENJAMIN CAPITAL ApS, since 28 Oct 2013
Holding company
CVR 19498794Private limited company (ApS)
Holds 100% of capital and votes in Formula Holding 2017 A/S, since 6 Jan 2017
Holding company
CVR 38326791Public limited company (A/S)
Holds 100% of capital and votes in FORMULA LEASING A/S, since 19 Jan 2017
This company
FORMULA LEASING A/S
CVR 33065477
1 Danish company.
Subsidiary or joint ventureCVR 3725700150% to under 66.7% of capital and votes
Found by searching the CVR owner register (ejerregister) for FORMULA LEASING A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 3965599350% to under 66.7% of capital and votes11 Jun 2018 to 14 Jul 2022
CVR records founders at incorporation. It does not record whether they are alive or still involved.
9 Jul 2010 to 2 Nov 2026.
9 Jul 2010 to 2 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 227,846 | Not reported | Not reported | Not reported | Not reported |
| Gross profit | Not reported | 10,021 | 6,471 | -494 | 23,159 |
| Operating profit | -110 | +1,435 | -1,818 | -10,896 | -1,071 |
| Result for the year | +18,205 | +19,967 | +9,824 | +13,478 | +41,448 |
| Equity | 86,782 | 106,756 | 116,580 | 130,059 | 171,507 |
| Total assets | 811,609 | 930,225 | 1,150,958 | 1,284,774 | 1,534,688 |
| Employees (average) | 9 | 10 | 11 | 12 | 13 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | -0.4% | Not reported | Not reported | Not reported | Not reported |
| EBIT margin (overskudsgrad) | -0.1% | Not reported | Not reported | Not reported | Not reported |
| EBITDA | 2,008 | 2,679 | -914 | -9,856 | 144 |
| EBITDA margin | 0.9% | Not reported | Not reported | Not reported | Not reported |
| Employee growth (vækst i antal ansatte) | 50% | 11.1% | 10% | 9.1% | 8.3% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 487,237 | 645,691 | 803,297 | 846,557 | 918,321 |
| Gearing, NIBD / EBITDA | 242.6x | 241x | n.m.note 1 | n.m.note 1 | 6,377.2x |
| ROIC (afkast af investeret kapital) | 0% | 0.2% | -0.2% | -0.9% | -0.1% |
| Capex (investeringer i anlægsaktiver) | 13,787note 2 | 5,270note 2 | 1,326note 2 | 1,258note 2 | 3,391note 2 |
| Capex % of sales (investeringer i procent af omsætningen) | 6.1%note 2 | Not reported | Not reported | Not reported | Not reported |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. No cash flow statement: included in the group's (ÅRL § 86, stk. 4).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 3 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 5 Jul 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 4 Jul 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 30 Jun 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 28 Jun 2022
3 registered in CVR.
P-number 1016191902Lundtoftegårdsvej 10, 2800 Kongens Lyngby
P-number 1027978858Wittrupvej 1, 7120 Vejle Øst
P-number 1020470131Wittrupvej 1, 7120 Vejle Øst
